SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.022%

Price spread now: Nado against Deribit−0.026%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$180.180% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.080%+$8 on $10k

Price spread, last 3 days (all we have)+0.087%+$9 · spread now −0.026%, 7d avg −0.021%

Together, before fees+0.167%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SOL_USDC-PERPETUAL	117.52	0.0061	pay 0.0008% / 1h	1m 15s	$26.4M	$25.6M	50x
Short	Nado SOL-PERP	117.49	0.0100	get 0.0012% / 1h	1m 15s	$5.8M	$40.2M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee NadobpOrdersPrice spread, now −0.026%Rate

Funding earned: $8.26
Price spread: −0.026% → −0.021%: −$0.49
Slippage, 4 orders: −$3.96
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$10.19
Costs to cover: 0.180%
Break-even: 15.6 days

Slippage from Deribit: live order book, 3 min ago; Nado: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 3 min ago	0.04 bp	5.4 bp −$5	5.8 bp −$58	18.0 bp −$1,797	doesn't fit
Sell Nado live order book, 3 min ago	0.43 bp	3.9 bp −$4	3.9 bp −$39	8.3 bp −$827	27.4 bp −$13.7K

SOL on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SOL-PERP	−0.0080%	1h	117.50	−0.020%	$919	$8K	25x	as long as short
Vest SOL-PERP	−0.0058%	1h	117.41	−0.095%	—	$607K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.46	−0.049%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.42	−0.084%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.50	−0.020%	$1.4M	$20.3M	3.1x	as long as short
RISEx SOL/USDC	+0.0018%	1h	117.49	−0.024%	$1.9M	$4.9M	20x	as long as short
Derive SOL-PERP	+0.0021%	1h	117.39	−0.111%	$2.0M	$2.8M	13x	as long as short
HTX SOL-USDT	+0.0037%	8h	117.35	−0.148%	$228.0M	$45.4M	75x	as long as short
Kraken Futures PF_SOLUSD	+0.0049%	1h	117.49	−0.024%	$31.5M	$98.4M	100x	as long as short
Deribit SOL_USDC-PERPETUALlong	+0.0061%	1h	117.52	long leg	$26.4M	$25.6M	50x

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi SOL/USDT-P	+0.0064%	1h	117.54	+0.015%	$100K	$690K	20x	as long as short
Gate SOL_USDT	+0.0071%	8h	117.46	−0.051%	$848.5M	$668.5M	100x	as long as short
Coinbase International SOL-PERP-INTX	+0.0072%	1h	117.50	−0.013%	$7.9M	$404.5M	50x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.46	−0.051%	—	$367.9M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.47	−0.043%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.47	−0.040%	$13.0M	$60.4M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.46	−0.049%	$2.1M	$16.8M	25x	as long as short
01 Exchange SOLUSD	+0.0096%	1h	117.47	−0.043%	$100K	$161K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.47	−0.047%	$344K	$256K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.47	−0.042%	$1.0M	$518K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.43	−0.077%	$67K	$840K	20x	as long as short
Nado SOL-PERPshort	+0.0100%	1h	117.49	−0.026%	$5.8M	$40.2M	40x
Aster SOLUSDT	+0.0100%	8h	117.46	−0.051%	$176.3M	$177.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.47	−0.042%	$14.5M	$128.5M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.47	−0.043%	$968.4M	$3.75B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.49	−0.026%	$820.2M	$1.25B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.48	−0.034%	$366.0M	$1.64B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.42	−0.085%	$238K	$850K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.44	−0.064%	$2.0M	$9.0M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.46	−0.051%	$423.7M	$1.11B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.45	−0.062%	$130.4M	$211.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.44	−0.064%	$486.8M	$435.5M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.51	−0.009%	$23.7M	$37.1M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.52	+0.004%	$24.3M	$120.3M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.52	+0.004%	$94.4M	$404.7M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.43	−0.081%	$48.1M	$28.7M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.51	−0.009%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.48	−0.034%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.44	−0.068%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.46	−0.050%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.44	−0.073%	$37K	$16K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.44	−0.068%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.48	−0.034%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.48	−0.034%	$45.7M	$100.6M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.46	−0.055%	$134.5M	$14.2M	20x	as long as short
Phoenix SOL	+0.0101%	1h	117.53	+0.008%	$6.5M	$13.5M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	117.45	−0.058%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0112% / S +0.0056%	1h	117.46	−0.051%	—	$221.8M	500x	as long as short
Hyperliquid SOL	+0.0122%	1h	117.56	+0.033%	$717.0M	$395.1M	20x	as long as short
Reya SOLRUSDPERP	+0.0189%	1h	117.43	−0.075%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0222%	1h	117.45	−0.060%	$4K	$2K	12x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0233% / S −0.0174%	1h	117.46	−0.052%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0362%	1h	117.52	−0.004%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.50	−0.017%	$128K	$3.8M	8.3x	as long as short